Correct option is A
(I).Some purses are keys.
(II). All lockers are keys.
(III).All keys are pins.

(I) Some pins are purses.
From the statements:
Since "Some purses are keys" and "All keys are pins," the part of purses that overlaps with keys will also overlap with pins.
Hence, this conclusion logically follows.
(II) No pin is a purse.
This directly contradicts the first conclusion. Since we established that some pins are purses, this conclusion does not follow.